Tag Archive: Bankymoon

The South African Revenue Service (SARS) is showing a keen interest in monitoring crypto trading in the country through blockchain-based technology. SARS has a fickle relationship with the people of South Africa, which is quite common between the average person and the tax man. South African citizens have to submit a (hopefully) true and honest financial declaration, which could result, depending on the information given, in said citizens paying SARS a certain amount of money. However,

Bankymoon, a South African-based Bitcoin solutions company, is changing how people pay for utilities, making them more affordable. Bitcoinist spoke with Lorien Gamaroff, founder and CEO of Bankymoon, to find out more about the utility crisis in Africa and what Bankymoon is doing to solve it. Lorien, a South Africa native, shared with us about the crisis and how it is impacting Africans and the education system. Also Read: Bankymoon Offers Bitcoin Solution For Paying Utility

If we want to achieve a critical mass in terms of Bitcoin some day soon, we will need a lot more use cases for everyday consumers. Despite having the option to pay bills in Bitcoin and even receive [part of] your monthly wage in BTC, neither of these services are targeting a large market where Bitcoin payments could make a difference. But that is about to change, thanks to the efforts made by Bankymoon, a

Editor’s Note: This article has been changed to make the nature of the Bitcoin Africa Conference more clear. The name of this title is “Bitcoin Africa Conference,” and this is the first time the conference has been held. The author of this article was not saying that this Bitcoin conference is the very first one in Africa. We apologize for any misunderstanding. As you may know, the world’s first Bitcoin Africa Conference will be held